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condensed interim consolidated statements of income and other comprehensive income - CAD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUES        
Service $ 3,250 $ 3,086 $ 6,495 $ 6,106
Equipment 406 501 824 970
Revenues arising from contracts with customers 3,656 3,587 7,319 7,076
Other operating income 72 10 103 27
Total 3,728 3,597 7,422 7,103
OPERATING EXPENSES        
Goods and services purchased 1,458 1,466 2,870 2,887
Employee benefits expense 911 758 1,784 1,464
Depreciation 505 470 1,028 940
Amortization of intangible assets 220 163 422 310
Total 3,094 2,857 6,104 5,601
OPERATING INCOME 634 740 1,318 1,502
Financing costs 202 189 394 357
Income before income taxes 432 551 924 1,145
Income taxes 117 31 256 188
NET INCOME 315 520 668 957
Items that may subsequently be reclassified to income        
Change in unrealized fair value of derivatives designated as cash flow hedges (97) 10 125 (39)
Foreign currency translation adjustment arising from translating financial statements of foreign operations (10) 11 42 17
Total items that may subsequently be reclassified to income (107) 21 167 (22)
Items never subsequently reclassified to income        
Employee defined benefit plan re-measurements (669) 8 (353) 32
Total (776) 29 (186) 10
COMPREHENSIVE INCOME (461) 549 482 967
NET INCOME ATTRIBUTABLE TO:        
Common Shares 290 517 640 945
Non-controlling interests 25 3 28 12
NET INCOME 315 520 668 957
COMPREHENSIVE INCOME ATTRIBUTABLE TO:        
Common Shares (477) 543 451 949
Non-controlling interests 16 6 31 18
COMPREHENSIVE INCOME $ (461) $ 549 $ 482 $ 967
NET INCOME PER COMMON SHARE        
Basic [1] $ 0.23 $ 0.43 $ 0.51 $ 0.79
Diluted [1] $ 0.23 $ 0.43 $ 0.51 $ 0.79
TOTAL WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic [1] 1,278 1,203 1,263 1,202
Diluted [1] 1,280 1,203 1,264 1,202
[1] Amounts reflect retrospective application of March 17, 2020, share split (see Note 28(b)).